New signals as reported in the Weekend Update: FXI: Sell Signal: Sep $44 Put EEM: Repeat Sell Signal: Sep $44 Put Hourly VXX This is an hourly chart of VXX, which I'm posting this morning because VXX is showing continuing strength from Friday afternoon. Taking out the previous hourly high at 32.32 would suggest a potential run into the mid-30's. UVXY is showing similarly strength in its hourly chart. Stop below the trend line at 30.84, or 50% loss on the Aug $32 calls. This is not a system trade, it's a trader's trade.
